Shuyu Civilian Pharmacy Corp.Ltd(301017) issued a plan to issue convertible bonds to unspecified objects on the evening of April 29. It is planned to issue no more than 800 million yuan of convertible corporate bonds. The raised funds will be invested in Shuyu Civilian Pharmacy Corp.Ltd(301017) modern logistics project (phase II), Shuyu (Zaozhuang) modern pharmaceutical logistics project, digital construction project and supplementary working capital.
In recent years, the company’s operating income and profitability have shown an upward trend with the expansion of business scale. From 2019 to 2021 and the first quarter of 2022, the operating revenue of the company was 3.467 billion yuan, 4.640 billion yuan, 5.322 billion yuan and 1.587 billion yuan respectively, and the net profit attributable to the shareholders of the parent company was 111 million yuan, 216 million yuan, 115 million yuan and 495131 million yuan respectively. The company said that the fund-raising project will help alleviate the company’s storage pressure, improve logistics efficiency by relying on information and digital systems, improve the company’s overall logistics service ability and profitability, and provide a solid and powerful guarantee for the continuous expansion of stores and the layout of marketing network.
Among them, Shuyu Civilian Pharmacy Corp.Ltd(301017) modern logistics project (phase II) has a total investment of 295 million yuan, introducing many automatic logistics systems such as the industry’s advanced LMIs system, WCS system, TMS system, fully automated ultra-high three-dimensional warehouse system (30m high as / RS), dismantling GTP sorting system, automatic conveyor line sorting system, and finally establishing a first-class pharmaceutical commodity storage and logistics base in the industry After the completion of Shuyu Civilian Pharmacy Corp.Ltd(301017) modern logistics project (phase II), combined with the company’s other four logistics and distribution centers in Dongying, Yantai, Linyi and Zaozhuang, the company can form a logistics warehousing and distribution network covering Shandong Province to ensure the distribution of pharmaceutical products in the company’s retail pharmacies in 15 prefecture level cities in Shandong Province.
In recent years, the sales scale of the company’s retail business has been increasing and the market share has been increasing. Although the first phase of Shuyu Civilian Pharmacy Corp.Ltd(301017) modern logistics project has been completed with 29800 square meters of modern logistics warehouse, 11200 square meters of decoction piece workshop and 2651 square meters of quality inspection center, its annual distribution capacity obviously can not meet the needs of the rapid growth of the company’s business, and the problem of insufficient drug storage space in the existing logistics center is prominent. After the project is completed and put into use, Jinan logistics center, as the hub of the company’s modern logistics distribution network, will also have fully functional drug logistics sorting and storage equipment, advanced drug logistics information system and stable and reliable logistics control process, which will become the core foundation for the normal operation of the company’s chain stores and the healthy development of the company’s business in the future, and meet the requirements of the company’s future strategic development.
Shuyu (Zaozhuang) modern pharmaceutical logistics project has a total investment of 215 million yuan to build a logistics distribution platform and build a smart and healthy commercial and material distribution industrial park. After the completion of the project, the company will have a modern pharmaceutical logistics warehouse in Zaozhuang, which will greatly improve the company’s pharmaceutical supplies distribution capacity in and around the southwest of Shandong Province and improve the storage and distribution efficiency. It is the core foundation for the normal operation of the company’s chain stores and the healthy development of the company’s business in the future. The project will expand the breadth and depth of the company’s logistics distribution network and create a ” Shuyu Civilian Pharmacy Corp.Ltd(301017) ” brand effect in southern Shandong, southwestern Shandong and surrounding areas outside the province; Optimize the distribution routes and procurement methods in southern Shandong, southwestern Shandong and surrounding areas to reduce distribution costs and improve distribution efficiency for the company; Increase the self built area of the logistics center to support the growth of the company’s regional retail business; Optimize the company’s logistics system and improve the intelligent level of the company’s logistics system.
The total investment of digital construction project is 97.93 million yuan. Through the construction of basic platform, the standardization and centralized management of data are realized, the multidimensional analysis and data modeling of data by the management are realized, and the data support business is realized. Through the construction of business platform, technology platform and management platform, the high availability of business services is realized, and finally the digital management is realized to monitor and manage the overall operation and business indicators of the company, Reduce the possible business and financial risks after the scale of enterprises, and finally improve the core competitiveness of enterprises.
